Which Medicare Part D Drug Plan Is the Best One?

Which Medicare Part D Drug Plan Is the Best One?

“Which Medicare Part D drug plan is the best one?” That question was posed to me this week by a man turning 65. It is not a bad question; but, unfortunately, it isn’t answered well by many insurance agents.

In fact, the man who asked me this question told me that an agent had just told him he should be on an AARP prescription drug plan. There is nothing wrong with an AARP plan, but it didn’t fit him. After all, two of his medications were not covered on the plan. So, no matter what the plan is, if it doesn’t cover your medications, it isn’t the best plan for you.

How the Wrong Medicare Part D Drug Plan Can Cost You—in a BIG Way!

If you don’t have the right Medicare Part D prescription drug plan for you, it will cost you. Depending on your prescriptions, being on the wrong prescription drug plan could cost you a LOT of money!

I have personally encountered individuals who were overpaying by more than $600 per year! That includes premium, deductibles, copays, and the dreaded donut hole. (Look for the explanation of the donut hole in a future article.) Again, that is per year! So, if the individual stayed on that wrong plan, and assuming he continued to overpay by that amount, in ten years, he would have overpaid by $6,000!

While most people on the wrong plan are not overpaying to that degree, this illustrates that the wrong drug plan could conceivably cost you more than being on the wrong Medicare supplement. Keep that in mind when shopping for your Medicare coverage. After all, why should you overpay at all?

Why Insurance Agents Don’t Do a Better Job on Medicare Part D Plans

Over and over again, I have heard of insurance agents suggesting Medicare Part D drug plans that didn’t fit the medications their client was taking. While agents will promote themselves as doing the best job for people on their Medicare supplement, many of those put in no effort to try to save people money on their prescription drug plans.

So, why don’t insurance agents do a better job on Medicare Part D prescription drug plans? The answer is that agents typically make little or no commission on prescription drug plans. Because finding the right plan takes some time and effort, many agents would rather suggest a low-premium, zero-deductible plan over taking the time to match the right plan to their client’s needs.

Thus, it’s simply a matter of many agents adopting this thinking, “If my compensation doesn’t match my effort, I’m not doing it.” But this is shallow and short-sighted thinking. While the client is trusting the agent to look out for the client’s best, the insurance agent, in this case, is exploiting that trust.

Of course, this kind of thinking will hinder the agent’s business. After all, who wants to tell your friends they need to use an agent who is untrustworthy? On the other hand, the agent who does a great job for his client in saving him or her money in both areas—Medicare supplements and Medicare Part D prescription drug plans—will be the one referred to friends of the client, which will provide the agent the opportunity to also serve the client’s friends.

So, How Do You Find the Best Medicare Part D Plan for You?

When shopping for help with your Medicare supplement, ask agents you encounter if they help their clients with their prescription drug plans. If they say, yes (which many may), ask them how they help? (That is a key question!) Then ask them if they will help you every year? (After all, you can change your Medicare Part D drug plan every year—and you will want to do that, especially if your medications change. So, why not keep saving money on your prescription drug plan each and every year? That is, unless you like throwing away money.) That last question, especially, will test the agent’s commitment toward you. If that agent does not promise to shop your medications to get the plan that will save you the most money, don’t use that agent; fine one who will make the commitment that is in your best interest (not his best interest).

If you live in East Texas, and you don’t know how to find such an agency—one who is definitely looking out for your best interest—give us a call and see why so many others are dedicated clients of Claeys Group Insurance Services, LLC. You can reach us at 903-702-8807. We would consider it a privilege to help you find the best plan for you.

Linda WilliamsLinda Williams
10:08 12 Jul 23
I had a 5 star experience and would recommend him. Always returning my calls promptly, very helpful and informative, listened to what my needs was regarding my Medicare. I truly felt comfortable with John's help to navigate through the maze of Medicare
Cindy KulakCindy Kulak
14:51 18 Jun 23
John is very knowledgable, honest and ethical in helping clients evaluate Medicare options and get enrolled. He made the process extremely easy for myself and my husband.
Leeann MoosLeeann Moos
17:26 06 Apr 23
When I became eligible for Medicare, my phone was constantly under attack from Medicare options sales folk. Since I needed help understanding my options and life is too short to do business with annoying people a little research was in order. Thats how I found John. His other customers seem very pleased with his service and I decided to give him a try. I was NOT disappointed! He did an excellent job for me, is extremely personable and I could not be happier. Thank you John
Rose WrightRose Wright
16:07 05 Apr 23
I am so thankful for the help that Mr. John was able to assist me with medicare information. After being bombarded with letters and phone calls you just need someone who can walk you through the confusion. And after getting all the info and the best plan and benefits for what i needed. I am glad that He was there for me.Thank you so very much,Rose Wright
Steve HenselSteve Hensel
21:08 04 Apr 23
Claeys Group is great to work with. John is truly professional, knowledgeable and makes the entire process flow so much more smoothly than I expected. I would highly recommend him.
Deborah RounsavallDeborah Rounsavall
14:25 07 Mar 23
I changed from my person finance planning group to John for help. Others led me astray. John is very responsive and follows up promptly. Even helped me on the weekend at the end of year to get all my documents in on time so I didn't lose insurance coverage. Explains all the options in a manner that us rookies can understand it. I highly recommend John.
Setella ParksSetella Parks
13:12 07 Mar 23
John's knowledge is invaluable when it comes to navigating the murky water of Medicare plans. He answered all our questions in a manner we could understand and helped us compare benefits between plans, services, and providers readily available in our area. I am so happy we called on him to assist us! He handled EVERYTHING professionally and patiently and has followed up to make sure we are good. Highly recommend his 5 star service!
Sherry JonesSherry Jones
21:01 23 Feb 23
John was recommended by my sister-in-law, who spoke very highly of him. He wrote out the differences between policies and explained it step by step to me so I could understand which policy would be best for my needs. He was professional but also down to earth so I could be at ease. He did this at my bed side which was such a blessing for me. I highly recommend John for your Insurance needs.
19:40 20 Feb 23
We were recommended by friends to call John Claeys for our insurance. He came twice to gather information on what we were looking for and returned with information and details. We are delighted to have John Claeys as our agent and would recommend to our friends and anyone else to call John Claeys today.Tom and Debbie
Joyce SandvikJoyce Sandvik
20:32 30 Aug 22
John Claeys came to our house to talk about all aspects of Medicare. He wrote out some information on a notepad as he talked and answered our questions. He gave us the handwritten notes along with printouts of more information specific to my needs. My husband and I took o a few days to discuss the options. John took a list of my medications and researched all the available prescription insurance policies for me. He narrowed it down to the best policy (best prescription prices) for me. It was so easy and I felt confident I was getting exactly what I need when I turn 65. Every September, he will research prescription policies from my updated list of medications to find the best policy for my needs. Thanks to John Claeys for making this transition extremely easy and effortless.
Marilyn ScottMarilyn Scott
09:35 23 Jul 22
John enrolled my husband into Medicare 4 years ago. I knew then I wanted him to help me with my Medicare when it was my time to enroll. John helped me recently. He is very knowledgeable, humble and so patient. He made sure I had the best plan for me. He genuinely cares about his clients. He is the best insurance consultant! I highly recommend John for your Medicare needs!!
James MartinJames Martin
20:31 20 Jun 22
John did a great job of providing many options for my insurance. He is very thorough.
Judy MarkmanJudy Markman
17:02 20 Jun 22
John goes above and beyond to find the best insurance to fit your needs at an affordable price. I definitely recommend!
Dave LemingDave Leming
16:56 20 Jun 22
John was referred to my wife and I as we began to transition to use Medicare as our insurance options. He was very knowlegeable about all things related to government programs and supplemental options as well. I would strongly recommend his services to anyone requiring such support.
Ed HareEd Hare
14:16 08 Jun 22
John was recommended to us by a friend as we were turning 65 and having to make decisions on our medicare and advantage plan choices.John was thorough, informed, patient and engaged in helping us wade through all the minutia we were receiving to package the best set of programs for our future healthcare needs.We are happy and confident as healthcare needs arise having John at our side.Debi and Ed Hare
Julie SimpsonJulie Simpson
02:36 14 May 22
We selected an awesome advisor in John Claeys! John was dedicated to our needs in counseling our new Insurance choices with Medicare. He is sincere in getting his customers into the program that is best for their situation. John was sincere in explaining the process and we are happy to refer him to others! Steve and Julie Simpson
Sherry HilliardSherry Hilliard
16:55 18 Feb 22
John was extremely helpful when I had to select my Medicare supplemental policy. He is very knowledgeable in the various insurance products. I would recommend John to anyone needing insurance, and in fact, I have recommended him to several of my friends.
Margie SmithMargie Smith
01:08 16 Feb 22
Highly recommend Claeys Group Ins Service, John has assisted with my Medicare supplement and RX choices for past couple years. He is very knowledgeable of the various companies and policies available. Saved money and introduced me with a 5star company.
16:56 10 Feb 22
John came to my house and explained the process of signing up to Medicare in an understandable way. He gave me the steps to take and assisted in the planning. With his help, I got it done. Before he came, it all seemed overwhelming. He's so genuinely nice, and I felt like I had known him for a long time. I highly recommend him, and in fact, already have recommended him to friends and family.
Rebecca NelsonRebecca Nelson
21:00 04 Feb 22
John Claeys is a great individual to work with you on insurance needs. He searched out the best policy and an affordable one that I could handle. He researches every year to be sure I’m getting the most for my money! Highly recommend this group.
Dorys GardensDorys Gardens
12:20 23 Jan 22
John was so pleasant to work with. He explained everything clearly and did not pressure me to make a decision one way or the other. He shopped for the best customized drug plan which will be saving me money in the long run. I highly recommend letting him guide you through the medicare process.

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